They've been working on it, but it still doesn't compare well to the PC version, or even the Xbox release. People are willing to accept a bit of a gimped version of their phone, because it's running on their phone. On a console (even one that costs less than a phone did) I think they'll have some trouble overcoming that.
It could happen, but a proper version of Minecraft for Ouya would take some effort. If they get enough adoption for Mojang to bother, that could be the tipping point that pushes it to popularity.